SA’s green hydrogen plans get R400m boost from German development bank

Infrastructure SA, a programme within the ministry of public works, has identified a pipeline of 19 green hydrogen projects valued at more than R300bn. Picture: 123RF/AUDIOWERBUNG

SA has abundant supplies of platinum and sun and wind energy needed to establish a green hydrogen value chain and become an exporter of the green energy source. Infrastructure SA, a programme within the ministry of public works, has already identified a pipeline of 19 green hydrogen projects valued at more than R300bn.

Public works minister Patricia de Lille told the summit on Tuesday that SA was competing against countries such as Chile and Australia, and several countries in the Middle East to capture a share of the global export market for green hydrogen.The demand for hydrogen reached an estimated 87-million tonnes in 2020 and is expected to grow to between 500-million and 680-million tonnes by 2050. Of this, the export market will account for 100-180Mt.

“According to the plan SA will need $98bn over the next five years to enable a just transition and achieve our ambitious emissions reduction targets,” Ramaphosa said.

MagnusHeystek Eunomix_SA ?

You dont get money. They loan it to you. Unless its yours.

That's why Eskom is where it's at

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